Godiva launches buy-to-let range

The range includes a variable dealS at 4.49% at up to 60% LTV and 4.75% available up to 70% LTV.

Godiva has also extended its previous remortgage only schemes to also include purchases.

It has launched a two-year fixed rate deal at 4.74% at 60% LTV and a two-year fixed rate deal at 5.24% at up to 70% LTV. All the products have booking and arrangement fees of £1050.

Coventry has also cut rates on its residential mortgages by up to 0.54% and reduced the deposit required for its fixed rate, base rate tracker and variable deals.

New deals include a variable deal at 3.45% and 75% LTV, a 2.99% variable deal at a LTV at 65% and a fixed-rate at 5.15% and 85% LTV.

Colin Franklin, managing director of Godiva Mortgages, said: "There is a whole range of buy-to-let products out there, some with arrangement fees of up to 3.5% which would cost £5,250 on the average £150,000 loan. Given our overall fees are £1,050 we are confident introducers will find a Coventry buy-to-let product to suit their clients needs."